What is strange with my Hosted GridSpeed connected to Waffle East is my hash rate shows 0 but my Earned and unconverted keeps growing??? What the heck??
why dont you ask gridseed manages? 98.8% of people in here do not like your kind as much as thier first hangover. I have.. But if its a Pool issue its not their issue.. And yea I could see how people would not like me considering I am getting Free hosting including free electricity and Internet.. I dont care what people like or dont like.. Is this some sort of gridseed deal or are you just able to stick them into a works server room?  Thanks Miles I dont work for them and dont want to get flamed by all the silly noobs on this site. But it is GAWMiners Look them up if you want. They have been offering free hosting.. I got a 20 pack yesterday during the day, and was up and hashing last night Why would anyone spend $2000 on 3000-3400MH/s of scrypt mining power when it will take over 200 days to recoup the hardware cost at today's script coin values -- even with free electricity thrown in on the deal? The writing is on the wall. The profitability of scrypt mining is on the decline. It will take much longer than 200 days to pay for that hardware, if you ever do. At some point gaw will just decide to ship that equipment to you for free in order to remain profitable themselves. Miners using GPUs will be able to switch to another algorithm to keep going for a little longer. but those gridseeds only become nice decorations. The many mining booms in history (gold, silver, uranium, whatever) have shown that it is the suppliers to miners that earn the most profits from the boom. And in the case of cryptocoin mining, the electricity companies too! Yes.. I was told this same thing when I got into GPU mining in Mid 2013.. Go figure..  I believe at the worst case, I will recoup.. But things change, pools evolve and I do believe some folks have been saying GPU mining has been dead since.. Oh lets see, early 2013??? So the ghost of profits past are coercing you invest more heavily in mining even as scrypt cryptocoin values are steadily decreasing? Obviously I cannot know the future, but neither can you. And if any of the profits you earned were from mining and holding, then those profits were actually from market speculation, and you might possibly have earned the same or more by simply buying cryptocoins instead of mining them and waiting for them to rise in value. I never buy and hold.. IMO, that is one of the dumbest strategies.. But LOTS of people seem to believe in it.. Most of my profits have been made using a trading bot.. Buy low sell High.. Over and Over and Over again and while I sleep.. I know a lot of people still holding, when my bot sold at $1200  But I will admit I hit the timing just right when BTC went to $1400 last Nov.. But still I am WAY ahead of the game with the profits I have made so far.. So admittedly, most of your profits originate from successful trading strategies, so any investment in mining hardware is a more akin to buying a lottery ticket, as you will almost certainly lose, but you might just hit it big. Given your past successes, you should likely concentrate your efforts in trading, and not dilute your focus with mining. My Mining Feeds my Trading Balance.. I have been doing just fine but thanks for your insight.. As my Grandma use it say.. Opinions are like ass holes.. Everyone has one... 2000USD converted into cryptocoins would also have fed your trading balance quite well. My only point is this. With 3000-3400KH/s of gridseed hardware, you are guaranteed a 0% rate of return on your investment until you recoup hardware costs, perhaps in 200+ days, give or take. And then you will be in pure profit territory, if gaw continues to pay for your 72KWh consumed every month. But with a profitable trading strategy, you are losing out on immediate returns on $2000 otherwise allocated to gridseed hardware, and while each individual trading profit might be small, the cumulative effects of compounding might make that gridseed investment a losing proposition. It is your money and your risk and certainly entitled to choose any route you wish. I am just trying to collect as much information as I can and analyze all possibilities. No Problem.. You make some good points.. All of which I already considered.. I just get a kick out of every time I see a post of "Doom and Gloom GPU and Alt Coins is dead". If I had a nickle each time I heard this, I would have made more from my nickles then my BTC profits.. I work in IT,since 1988, They were saying in 1988 Mainframes are dead and Programmers are dead and will no longer be needed.. 2014 and I am still waiting.. Hi, We wanted to provide some clarity about our hosting. GAW Inc owns a family of technology companies, including a national ISP. We own collocations all over the country. So power and hosting is a sunk cost to us. Our other technology divisions make up 95% of our revenues. So all customers that receive our hosting, bandwidth and electricity will continue to remain free. We enjoy bringing new things to the market. And plan to provide free hosting and power for more products. We even have a free btc hosted/electric solution we are working on Thanks for your time |
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ok, good info there..so are you saying that you don't have setup properly yet? and that we can expect random downtimes?
when do you expect to have it all together?
I would like to spend my money on a hosted solution when it is fully functional, not when it crashes randomly.
I cant afford not to have my units running if that's what your saying, and it may be better if i buy them and set them up at my residence if your hosting is flawed at this time.
and if that's the case,, are you the cheapest seller on this site? I ask, because i just signed up and didn't really check all the competition out, i just saw positive feedback for your site, and started there.
i just want to make a logical choice.
Hi, Thank you for your interest in GAW Miners. To answer your questions: First, you must remember Scrypt Mining hosting is fairly new. For example, some of the drivers required were written less than a week ago. It's the nature of a fast moving industry. Plus, there is the challenge of managing in large scale. This week, there were times we were selling 100 miners every ten minutes. We are hosting these at a very large scale. We have operated a large scale ISP for many years. So we know that when you combine brand new hardware, on top of a huge scale deployment, there will be challenges. Even the Gridseed units themselves don't preform 100% of the time. In fact, we continue to improve the hardware of our customers by supplementing under-performing hardware with our own cluster. This is to insure an even higher level of reliability than a customer may have on their own. Also, this entire service is also free of charge. It's not perfect yet, and there will occasionally be issues as we work through uncharted territory and innovate in places no one has. We welcome being held to a high standard, and we will continue to strive to meet and exceed your expectations. Please contact us directly at: info@gawminers.com if you have farther questions. Thanks!
GAW Miners |
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Hi,
Thank you for your interest in GAW Miners. We would like to elaborate on some of the questions being asked.
First, you must remember Scrypt Mining hosting is fairly new. For example, some of the drivers required were written less than a week ago. It's the nature of a fast moving industry.
Plus, there is the challenge of managing in large scale. This week, there were times we were selling 100 miners every ten minutes. We are hosting these at a very large scale.
We have operated a large scale ISP for many years. So we know that when you combine brand new hardware, on top of a huge scale deployment, there will be challenges.
Even the Gridseed units themselves don't preform 100% of the time. In fact, we continue to improve the hardware of our customers by supplementing under-performing hardware with our own cluster. This is to insure an even higher level of reliability than a customer may have on their own.
Also, this entire service is also free of charge.
It's not perfect yet, and there will occasionally be issues as we work through uncharted territory and innovate in places no one has.
We welcome being held to a high standard, and we will continue to strive to meet and exceed your expectations.
GAW Miners
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Hi guys, sorry for the blimp today. Our engineers are working on upgrading our code that manages our farm at this very moment. Thank you for your patience!
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Order #641 was placed on March 21, 2014 and is currently processing. How long does "Processing" usually take? Does this include packing and stuff? Or should I be worried that my CC company declined the charge? Hi, I checked in your order, everything looks great. It will go out overnight on Monday. Thank you for your order and support. For further help, please contact us at: info@gawminers.comThanks! |
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So who thinks we should open another round of free hosting? |
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Time for another update! We have some great news! We now offer FREE Ground Shipping to anywhere in the USA or Canada! In addition, we will be changing our Overnight Shipping to Express 1-3 day. Here is the new schedule: 10 Packs will now be $75 1 Miner will now $10 We are also pleased to offer a full credit for all shipping cost for orders please this week! If you purchased a 10 pack we will issue a $200 store credit. If you purchased 1 Miner, we will issue you a $20 credit. Please email us at: info@gawminers.com for your credit code. Its been an incredible week. And we owe every bit of it to you! We pledge to continue to raise the bar. Both for us, and the industry. Thank you for all of you that have supported us our first launch. It will be a week we will never forget! The GAW Miners Team |
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Hi I would like to know which carriers you are using for international orders? I live in Denmark (Not remote area) I tried to use your contact fomr on the website, with no luck  Hi, we use either fedex or DHL. Please email us at info@gawminers.com for more information! Thanks |
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Excited I got in on 2 X 10 packs with the free hosting.. Do we know how long it will be until we are up and hashing?
Thanks!
Thanks for the purchase. We are excited by the enthusiasm of the community for our company. We sold out of all 150 miners in 10 minues of them going live! We will have you online with in a few hours. Thanks! Great, My purchase did eventually go through and got in on 10 hosted miners Order #612 Already got a questions, with the purchase I filled in the ghash pool. How will I be able to change pools later on? Cheers I had a question too.. Do you guys support Fail over pools? If so how do I get you that Info so you can add it to my 20 pack? The web site only had a place for me to enter in 1 pool URL but I like to have 1 or 2 more set to fail over in case my main URL is down. Thanks! Hi please email us at support@gawminers.com and we will add that for you |
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Really..... What carrier do you use for international orders?  DHL, UPS, TNT?? I really would like to order, but anything that ends up with danish postal services are delayed for 2 weeks upon arrival, so I really need to know..... Hi, where are you located? |
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I've PMd you about my order of 10 gridseed with accessories. Still waiting on a reply
was it shipped?
Hi, your payment cleared yesterday, and your package was delivered one day later (today) and signed for at 1:46 Please let us know if you did not received it at: info@gawminers.comThank you for your order! |
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Excited I got in on 2 X 10 packs with the free hosting.. Do we know how long it will be until we are up and hashing?
Thanks!
Thanks for the purchase. We are excited by the enthusiasm of the community for our company. We sold out of all 150 miners in 10 minues of them going live! We will have you online with in a few hours. Thanks! |
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How many devices can your included controll board controll?
Hi, we recommend up to 10. But we are working on adding more Thanks |
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You increased the none hosted 10 pack to 1999.95 and yet still add $200 for 5 delivery guarantee delivery. Wasn't the reason you gave for price increase to offer free shipping? I am confused.
Yet the single unit price is still 189.95. So it's cheaper to just buy a single unit than 20 units? Or maybe just waste another 19 keystrokes increasing the quantity of the single unit model (to 20) for a $10 per keystroke savings. It definitely doesn't have to be this complicated.
Hi, sorry for the confusion. The ten pack is more then just miners. It includes all the hardware and cables to begin mining. This is why there is a small difference in cost. As previously mentioned, we are working on getting the cost down and will have some news about that soon. The changes will retroact to existing customers. Please feel free to contact us at info@gawminers.comThanks for the support! |
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Will the single units be available with hosting as the website states???
For now, only the hosted 10 pack kits will be available. We will keep you updated as we release more hosted options in the near future. Thanks. |
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Hi! We have some great news. Due to popular demand we have made more capacity available ahead of schedule. So we are expanding our free hosting promotion to another 150 miners. Once you have placed your order, we will have your system hashing in a few hours. This batch, like the first one, will receive at least a year of free hosting. When you're ready to take possession of your miner, let us know and we will ship it to you at no cost. This is just another way we want to raise the bar :-) These hosted miners will be available on a first come first serve basis starting at 1 PM Eastern 3/21/14. This item is currently listed in our online store at http://gawminers.com but currently have an "Out of Stock" status. At 1 PM Eastern 3/21/14 this item will become "In Stock" until the hosted products are all utilized. We will provide further updates as things progress. Thank you for your continued support! We hope to be serving you soon. |
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Just a quick update from us. Wow, what a crazy week! Yes, there have been a few kinks that we did not plan for, but I hope we have shown that even when we had those challenges, we step up. (note: ping me directly if you have any outstanding issues I can address: josh@gaw.com) We have learned a lot this week, including that we need a better shopping cart to keep customers informed, more staff (which we are adding), and loads more inventory (on the way), but we are working feverishly to make these adjustments. We jumped into this thinking that we would gain a little traction, help a few folks out, and have some fun, but it is much bigger than we would have dreamed. Now, we are hitting our stride and making significant investments to rapidly grow this business. I think the main realization is that the market is underserved when it comes to service and support. All the other companies play the “price game” (if they are legitimate at all), and the rest ends up in the customer’s lap. That’s not how I run a business. As such, you may see some different pricing from us soon to accommodate our focus on customer service. We may not be the cheapest, but we will be the best. Our pricing will always be competitive, but you will grow to know us for much more than cost. Ultimately, we will be the the ones that deliver on our promises! That’s what we want to be known for. Already, you can count on us for: Taking credit cards, paypal, etc. Same day shipping (getting there ) Paying you for you lost mining time for late shipments Soon, we will be launching a bunch of new innovative services that I can’t wait to tell you about. We want to do things no company in this space ever has. As soon as they’re fully baked, you’ll see another update, but just to give you a quick peek, some of the things we will launch in the coming days and weeks include: Free hosting and electricity for life Instant activation- you order and you get the hashing of your unit a few seconds later Instant hardware replacement- If you have a unit down, we will replace it with our stock, and RMA it for you. Cloud management- control and monitor your hardware from the cloud Thank you all for the tremendous feedback this week, and your faith in GAW Miners. It is this active discussion I have been having with all of you that will lead to great things for all of us in the cryptocurrency community. Stay tuned. More to come very soon! |
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Hello, what kind of shipping do you provide to Canada and through whar carrier?
I try to avoid getting anything sent from out of contry through anyone who does not make a switch over to canada post. If at all I can help it I prefer USPS as UPS, DHL, ect all charge retarded ridiculous brokerage fees.
Hi SummersideGuy, I believe this question may have been missed earlier and I just wanted to take a second to respond. If the order is shipped from overseas (Overnight) it will most likely come via DHL which should suffice for you. If it is shipping from our U.S. location, it will go out via FedEx. DHL charge me brokerage fees, so I would have to pass on that as the value just dropped by about $20, Last single gridseed i got through DHL those bastards charged me a $19.75 brokerage fee at my front door. If it was coming from the US to Canada i would prefer USPS priority express or something like that as i know with USPS it just gets handed over to Canada Post and I do not get charged retarded scam brokerage fees Cool, going forward most orders will start going out USPS Priority or overnight (depending on shipping option). We have a very very large ordering coming in which will drive down some of our cost and allow for same day shipping. Thanks for bearing with us and your support. |
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